Boot Buddy Net Worth 2024 Update (Before & After Dragons’ Den)

Boot Buddy, Footwear cleaning product, was started by Rashpal, Gurminder and Amarinder Dhillon in January 2006. As of 2024, Boot Buddy net worth is £300,000 and they’re pulling in a whopping £393,600 in annual revenue. 

In July 2016, they appeared on Season 14th of Dragons’ Den UK and made a deal with Peter Jones, Deborah Meaden, and Touker Suleyman, for £60,000 for 30% of equity. The final valuation was £200,000, down from the founder’s initial estimate of £600,000.

It’s been almost 15 years since Arminder appeared on Dragon’s Den and things have really taken off. Boot Buddy is still in business and you can buy their products on the company website.

Boot Buddy Net Worth

Net worth£300,000
Annual Sales Revenue£393,600
ProfitsN/A
Lifetime salesOver 1 million
InvestorPeter Jones, Deborah Meaden, and Touker Suleyman
FoundersRashpal, Gurminder and Amarinder Dhillon
Employees9

Boot Buddy Net Worth Timeline

Net Worth 2024£300,000
Net Worth 2023£300,000
Net Worth 2020£229,000
Net Worth 2016£137,000
Net worth valuation 2016 after appearing on Dragons’ Den  £200,000
Net worth valuation 2016 before appearing on Dragons’ Den  £600,000

Boot Buddy Pitch on Dragons’ Den

Company nameBoot Buddy
ProductFootwear cleaning product
EpisodeSeason 14 Episode 01
Founders Rashpal, Gurminder and Amarinder Dhillon
Asked for£60,000 For 10% Equity
Final deal£60,000 For 30% Equity
DragonsPeter Jones, Deborah Meaden, and Touker Suleyman
LocationUK

Boot Buddy Founders

Boot Buddy was founded by Rashpal, Gurminder and Amarinder Dhillon in 2006. Boot Buddy was pitched by founder and owner Arminder Dhillon. It is an innovative product that offers an all-in-one solution to cleaning dirty boots and shoes. Boot Buddy’s founders, Rashpal, Gurminder and Amarinder Dhillon, have a net worth of £85,715 as of 2024.

Key accomplishments:

YearAccomplishment
2006Founded Boot Buddy
2016Appeared on Dragons Den Season 14
2018Winning the Worshipful Company of Horners Bottle Makers’ Award

Conclusion:

From their beginnings on Dragons’ Den to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Boot Buddy and its continued success.

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